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COMMENTARY

MAS should say no to dual-class shares

37486852.2 (39150815) - 21_07_2016 - pixgeneric.jpg
When the Companies Act was amended to allow public companies to have dual-class shares, there was a sense of inevitability about the Singapore Exchange (SGX) opening its doors to listed companies with dual-class shares.

WHEN the Companies Act was amended to allow public companies to have dual-class shares, there was a sense of inevitability about the Singapore Exchange (SGX) opening its doors to listed companies with dual-class shares. I am therefore not at all surprised that the report "SGX close to allowing...

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